Which of the following describes the outcome when a co-owner dies intestate in a joint tenancy?

Study for the Indiana RECP Comprehensive Test. Utilize flashcards and multiple-choice questions, each with hints and explanations. Prepare to ace your exam!

When a co-owner dies intestate in a joint tenancy, the outcome remains joint tenancy for the surviving co-owners. This situation is a hallmark feature of joint tenancies, which operate under the principle of "right of survivorship." This legal concept means that upon the death of one joint tenant, their share automatically passes to the remaining joint tenants rather than being included in the deceased’s estate or passing to heirs.

This attribute ensures that the joint tenancy continues unaffected by the death of one party, preserving the shared ownership structure. As a result, the surviving co-owners retain complete ownership rights to the property, reflecting the essence of joint tenancy.

Options such as severalty, community property, and condominium refer to different forms of property ownership or structures and do not directly relate to the implications of a co-owner's death within a joint tenancy. Severalty means sole ownership, community property refers to property ownership by married couples in certain jurisdictions, and a condominium is a type of real estate development, none of which would accurately describe the continuity of ownership injoint tenancy after a co-owner dies intestate.

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